Looking to diversify beyond FEMVX? The mutual funds below have historically moved differently from FEMVX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FEMVX
2 mutual funds have low correlation with FEMVX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs GQG Partners International Opportunities Fund Class R6 (GSIYX) (Foreign Large Cap Equities) with a 1Y correlation of 0.24, down from 0.61 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 0.24 | 0.50 | 0.61 | 51 | Foreign Large Cap Equities, Emerging Markets Equities | FEMVX vs GSIYX | |
| The Cook & Bynum Fund | 0.27 | 0.37 | 0.46 | 70 | Emerging Markets Equities | FEMVX vs COBYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.40 | 0.58 | 0.66 | 91 | Emerging Markets Equities | FEMVX vs ESCIX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.66 | 0.74 | 0.78 | 81 | Emerging Markets Equities | FEMVX vs EMPTX | |
| Cullen Emerging Markets High Dividend Fund | 0.66 | 0.77 | 0.81 | 79 | Emerging Markets Equities | FEMVX vs CEMFX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FEMVX
Add FEMVX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FEMVX